The company plants more than 100 million seedlings a year and says skidder tests put it on a path to full autonomy.
The builder cited affordability concerns and competitive conditions, and said it adjusted incentives, sales pace and production while working down spec inventory.
New division head succeeds Doug Smith after securing new supply and driving strongest results since 2016.
Core strategy targets $1.5 billion over 5 years across Chile, Uruguay and Brazil following Plateau acquisition.
New Pennsylvania facility targets eCommerce sector and consolidates two prior sites with automated production.
The weekly survey also shows the 15-year fixed rate averages 5.58%.
Price for wood veneer imported to India decreased 6%.
Combined company exceeds $18 billion in revenue as insulation leader joins roofing and lumber portfolio.
Investment targets increased machine availability and more effective maintenance planning within scheduled shutdown windows.
New sawmill under construction in Canada will raise log intake to 500,000 tonnes as North Island acquisition adds Ōtorohanga Timber Company operations.
Unbleached packaging paper shipments hit two-year high as operating rate exceeds 90%.
Recapitalised group splits into three independent companies with no replacement for group CEO role.
Acquisition includes three facilities with Euro 74 million in annual sales and 350 employees.
Price for wood pulp imported to the EU slid 1.3%.
Price for sack paper imported to China slipped 3%.
Price for wood chips imported to China decreased slightly 0.3%.